NonprofitsEvergreen Climate Innovations

Environment

Evergreen Climate Innovations

CHICAGO, IL

Total revenue

$3.7M

Total expenses

$3.2M

Net assets

$15.7M

Grants received

$3.7M

58 grants

EIN

272378677

Tax year

2024

Mission

We deploy patient capital for a world that can't afford to wait. We cultivate early potential: investing where others see risk, we turn possibility into reality. We connect the climate ecosystem: bringing together innovators, investors, and institutions, we harness the midwest's potential. We catalyze outsized impact: investing with agility and efficiency, we uncover the climate solutions that will change the world.

Programs

3 programs

With support from foundation grants, evergreen leads a clean energy employment trends study encompassing a region covering 12 midwest states. The data is used to illustrate the growth and contribution of this sector to economic development and is a valuable resource to policymakers and legislators. The clean jobs midwest report is a component of a larger national study conducted by a consortium of partners, encompassing all 50-states and the district of columbia.

Expenses: $559K

Evergreen received a grant from the u.s. Economic development administration to launch entrepreneurial support programs. Core is the structured fundraising program designed to catalyze additional investment from institutional investors in a sector and region where raising capital is extremely challenging. Working with individual startups, evergreen helps these companies successfully execute fundraising by assessing investment readiness, helping prepare financial models and presentation materials, supporting outreach to funders, supporting due diligence requests from potential investors, and advising on deal term negotiation. These are time consuming activities and evergreen's engagement not only ensures greater success but also frees time for the entrepreneurs to focus on their core businesses.

Expenses: $212K

Evergreen received a grant from the us department of energy, energy program for innovation clusters(epic). This program helps grow the midwest energy innovation ecosystem and advanced manufacturing ecosystem. The initiatives enables both the delivery of accessible education and training resources, as well as a comprehensive accelerator program for energy hardware startups in the midwest and beyond.

Expenses: $96K

Financials

FY 2024

Revenue

Contributions & grants$3.5M
Program service revenue$233K
Investment income
Other revenue
Total revenue$3.7M

Expenses

Grants paid$115K
Salaries & benefits$2.1M
Fundraising$460K
Other expenses$1.0M
Total expenses$3.2M
Total assets$19.2M
Net assets$15.7M

People

21 listed

NameRoleCompensation

MICHELLE CARR

CEO

Board

$358K

40 hrs/wk

DR CHERYL MARTIN

BOARD MEMBER

Board

1 hrs/wk

ANDREW SCHWERTFEGER

BOARD MEMBER

Board

1 hrs/wk

AMY FRANCETIC

BOARD CHAIRWOMAN / FORMER CEO

Board

1 hrs/wk

KISHORE RAO

BOARD MEMBER

Board

1 hrs/wk

NOELLE LAING

BOARD MEMBER

Board

1 hrs/wk

RACHEL STAR

BOARD MEMBER

Board

1 hrs/wk

KAREN KERR

TREASURER

Board

1 hrs/wk

TIM STOJKA

DEVELOPMENT CHAIR

Board

1 hrs/wk

SANJEEV KRISHNAN

BOARD MEMBER

Board

1 hrs/wk

COLLEEN CALHOUN

BOARD MEMBER

Board

1 hrs/wk

THOMAS O'NEILL

BOARD MEMBER

Board

1 hrs/wk

MAGGIE PAKULA

BOARD MEMBER

Board

1 hrs/wk

JEFFREY YINGLING

BOARD MEMBER

Board

1 hrs/wk

PAUL SEIDLER

MANAGING PARTNER

Staff

$286K

40 hrs/wk

IAN ADAMS

MANAGING PARTNER

Staff

$256K

40 hrs/wk

SHASHANK CHURUKANTI

SENIOR ANALYST

Staff

$190K

40 hrs/wk

MARC ALTMAN

DIRECTOR OF DEVELOPMENT

Staff

$180K

40 hrs/wk

ESTELLE M RICHARDS

DIRECTOR OF OPERATIONS

Staff

$151K

40 hrs/wk

DYLAN J O'REILLY

SENIOR PROGRAM MANAGER

Staff

$120K

40 hrs/wk

RACHEL L SEBALD

DIRECTOR OF MARKETING & COMMUNICATIONS

Staff

$106K

40 hrs/wk

Grants received

Showing 58 of 58

FromAmountPurposeYear
$200K
IN SUPPORT OF GENERAL OPERATIONS
2024
$75K
to communicate the importance of clean energy and clean energy jobs in the Midwest
2024
$75K
Donor Advised
2024
$50K
ECOSYSTEM GRANT
2024
$50K
GENERAL AND UNRESTRICTED
2024
$30K
General Support
2024
$10K
GENERAL OPERATING SUPPORT
2024
$3K
TO FURTHER THE MISSION OF THE DONEE
2024
$340
MATCHING CONTRIBUTION (GENERAL OPERATING SUPPORT)
2024
$250K
in support of general operations
2023
$100K
PAYMENT TO CARRY ON CHARITABLE ACTIVITIES
2023
$75K
To communicate the importance of clean energy and clean energy jobs in the Midwest
2023
$73K
For grant recipient's exempt purposes
2023
$70K
GENERAL SUPPORT
2023
$60K
ECOSYSTEM GRANT
2023
$50K
GENERAL AND UNRESTRICTED
2023
$25K
GENERAL, OPERATING, ENDOWMENT OR CAPITAL.
2023
$25K
General & Unrestricted
2023
$25K
TO SUPPORT ENTREPRENEURS AND STARTUPS THAT ARE BRINGING IMPACTFUL CLIMATE TECHNOLOGIES TO MARKET
2023
$23K
ENVIRONMENTAL AND ANIMALS
2023
$10K
General Support
2023
$5K
EXEMPT PURPOSE OF ORGANIZATION
2023
$2K
GENERAL OPERATING
2023
$400
GENERAL OPERATING SUPPORT
2023
$500K
FOR RECIPIENT'S EXEMPT PURPOSE
2022
$250K
GENERAL OPERATING SUPPORT
2022
$125K
ECOSYSTEM GRANT
2022
$75K
To support the preparation, release, and promotion of the annual Clean Jobs Midwest report
2022
$50K
GENERAL AND UNRESTRICTED
2022
$50K
in support of general operations
2022
$38K
For grant recipient's exempt purposes
2022
$30K
General & Unrestricted
2022
$30K
Platinum Leader Corporate Membership
2022
$25K
GENERAL, OPERATING, ENDOWMENT OR CAPITAL.
2022
$25K
General & Unrestricted
2022
$20K
ENVIRONMENT & ANIMAL PROTECTION
2022
$11K
ENVIRONMENTAL AND ANIMALS
2022
$8K
General Operating Support
2022
$7K
GENERAL SUPPORT
2022
$5K
To provide support for 2022 operations.
2022
$2K
GENERAL OPERATING
2022
$500K
For recipient's exempt purpose
2021
$101K
For grant recipient's exempt purposes
2021
$101K
For grant recipient's exempt purposes
2021
$25K
GENERAL, OPERATING, ENDOWMENT OR CAPITAL.
2021
$15K
ENVIRONMENTAL AND ANIMALS
2021
$7K
General operating support
2021
$7K
General operating support
2021
$50K
FOR RECIPIENT'S EXEMPT PURPOSE
2020
$10K
ENVIRONMENTAL AND ANIMALS
2020
$7K
GENERAL OPERATING SUPPORT
2020
$10K
Support of community organization
2019
$8K
For grant recipient's exempt purposes
2019
$6K
GENERAL OPERATING SUPPORT
2019

Funded by

$3.7M from 29 funders · 58 grants · 2019–2024

Vanguard Charitable Endowment Program

$1.1M · 3 grants · 2020–2022

John D And Catherine T Macarthur

$500K · 3 grants · 2022–2024

Fidelity Investments Charitable Gift Fund

$321K · 5 grants · 2019–2023

Jpmorgan Chase Foundation

$251K · 3 grants · 2022–2024

Breakthrough Energy Foundation

$235K · 3 grants · 2022–2024

The McKnight Foundation

$225K · 3 grants · 2022–2024

Susan And Stephen Baird Family

$150K · 3 grants · 2022–2024

The Lumpkin Family Foundation

$100K · 1 grant · 2022

Details

EIN272378677
NTEE codeC35
Subsection03
Ruling date2011-03
Formed2010
Employees11
Volunteers35
EVERGREEN CLIMATE INNOVATIONS — Mission, Financials & Grants Received | Grantivo